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Which of the following is the correct st...

Which of the following is the correct statement ?

A

State bank of India is the sole authority ot issue and manage currency in India.

B

A nationalized bank is the sole authority of Issue and manage currency in India

C

A cooperative bank is the sole authority to issue and manage currency in India.

D

RBI is the sole authority of issue and manage currency in India .

Text Solution

Verified by Experts

The correct Answer is:
D
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